Nifty Intraday Outlook For Tomorrow 27-Sept

It was weak opening in Indian stock market today. Significant recovery was seen after choppy morning session. Nifty dragged down below the psychological level of 4800 to make a low at 4758.85 in the first half of the session after which bulls got activated and pulled it up to close the day at 4835.40 or down 0.7%. High volatility was seen for the session.

On Nifty daily charts, we are observing that the momentum oscillators RSI and Stochastic are southbound. For intraday trading tomorrow, Nifty could find supports at 4800-4755-4720. While on the upside 4875 may act as the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 4900-4950. Traders are advised to trade with strict stop-loss and in small quantities.

Market Sentiments and Trading Strategy For Monday 26-Sept

Any dips from here would be utilized as buying opportunity in coming trading sessions. We expect that the previous low of 4,750 in the Nifty would act as a major support level. Whereas, 15,750 would be crucial support level for the Sensex. Even in worst of the circumstances we expect Sensex to hold 15,000 level and 4,400 in case of Nifty. Any investor with investment horizon of more than one year can enter the markets at the current levels. Markets can give around 50% returns by the end of the calendar year 2012. Banking, Infrastructure, Telecom and Power sector would be our top picks.

Going forward the market may get crucial support at 4800, if fails to move back to 4,930 levels, then once again it can test the panic bottom at 4,720 and 4,665. The only hope left during these days is the expiry of September futures and options market, which is slated to be on 29th of this month.

Stock Market Outlook For Tomorrow 08-Sept

It was another good day for Indian Stock Markets. Nifty showed good strength for the third consecutive day and closed above 5,100 levels with sound gains. Global events from USA may play vital role in sentiment preparation for coming trading sessions. On upside Nifty may face some resistance in 5,200-5,250 zone and on downside Nifty also has important support in 5,000-4,950 zone.

For Intraday trading tomorrow, trend deciding level is at 5,125-5,135, if Nifty shows strength above these levels, then rally to 5,170-5,200-5,240 may be seen. On the downside if Nifty fails to show strength above 5,125 levels then selling pressure till 5,080-5,040/5,000 may also be seen.

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Nifty Intraday Outlook For Tomorrow 26 Aug

It was second consecutive sluggish day for Indian Stock Markets. Both benchmark indices traded choppy and closed in red on F&O expiry. For Nifty index bears are having control at the moment and selling pressure may increase below 4800 levels else some recovery may be seen above 4875 level. Nifty may trade in 4700-5100 range for some days.

Tomorrow is the first day for September F&O series and for intraday trading tomorrow, we may see some buying interest but can also expect a sideways movement ahead of the Federal Reserve meeting. For Nifty tomorrow trend deciding level is 4,850. If Nifty shows strength above this levels, then rally to 4,900 - 4,950 - 4,980 may be seen. If Nifty does not show strength above 4,850 levels then selling pressure till 4,800 - 4,760 - 4,725 may also be seen.

Nifty Intraday Outlook For Tomorrow 23-Aug

It was good start for Indian Stock Market. Market witnessed a positive momentum and closed in green with smart gain. However market sentiments still remains bearish and could go for either side. Domestic issues of high inflation, lack of corporate governance and loss in confidence for Govt. due to Anna Hazare`s campaign continues to affect the stock market.

For intraday tomorrow Nifty could find immediate support at  4846 and below this could drag it till 4800. Resistance level for Nifty Tomorrow may be seen at 4941-4975 and if Nifty trades above on closing note then 5050 may act as strong resistance for Nifty

Markets Outlook For Tomorrow 28-July

Indian Stock Market traded choppy today and remained rangebound. Both Indices Nifty and Sensex closed on a sluggish note for the second consecutive session. Nifty slipped below the support levels of 5550 and closed at 5546.80 levels losing 28 points or 0.5%  ahead of July series F&O expiry.

On daily charts, Nifty breached its crucial support zone of 5550- 5530 after the formation of bearish ENGULFING PATTERN in the last session. Today Nifty made a low of 5521 which is near to its 50-day SMA.

For intraday trading tomorrow, 5520 - 5490 - 5470 levels may act as the immediate support on the downside whereas 5570 - 5600 will act as immediate resistance for Nifty. Major resistance for Nifty is still at 5635 - 5650. Volatility is expected due to July F&O expiry tomorrow.

Nifty Trend & Intraday Tips For Tomorrow 22-July

Indian markets witnessed selling pressure for the second consecutive day. Nifty has given a break down at 5550 level in intraday and closed below it which suggests market trend is bearish for coming trading sessions.

Selling pressure may continue if Bulls unable to protect 5,550 level, decisively the selling pressure may be continuing. For intraday tomorrow, Trend deciding level is at 5,550. If Nifty shows strength above this level, then rally to 5,580/5,620/5,650 levels may be seen. On the downside if Nifty does not show strength above 5,550 levels then selling pressure till 5,500/5,450/5,400 may also be seen.